El Monte, CA 91732,4439 Bannister

$700,000

$650,000

7.7%
Est.Price: ?

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Est. payment /mo

0.5 Acres Lot


SOLD DATE : 06/20/2023

Key Details

Sold Price $700,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR23071317

Sold Date 06/20/23

HOA Y/N No

Lot Size 0.501 Acres

Acres 0.5007

Property Description

The investment opportunity you've been looking for. Units, units, units, units. Amazing builder or developer opportunity. Highest and best use is land value. City of El Monte informally states that SB9 could allow 4 units on this lot with appropriate zoning clearance and tentative parcel map lot split. BUYER TO VERIFY. Existing home is a fixer. Lot is flat, rectangle shaped, and accessible. The city purchased a portion of the front of the lot for street improvements as part of neighboring home development which you'll see on the plat map. The lot size shown in this listing is the current lot size after improvements by the city. This improvements include: street, curb, driveway approach, sidewalk, retaining wall, and fencing. El Monte is a very diverse neighborhood so there might be other uses for this property. Interested buyers should investigate BEFORE submitting an offer. Submit offers subject to property inspection.
The investment opportunity you've been looking for. Units, units, units, units. Amazing builder or developer opportunity. Highest and best use is land value. City of El Monte informally states that SB9 could allow 4 units on this lot with appropriate zoning clearance and tentative parcel map lot split. BUYER TO VERIFY. Existing home is a fixer. Lot is flat, rectangle shaped, and accessible. The city purchased a portion of the front of the lot for street improvements as part of neighboring home development which you'll see on the plat map. The lot size shown in this listing is the current lot size after improvements by the city. This improvements include: street, curb, driveway approach, sidewalk, retaining wall, and fencing. El Monte is a very diverse neighborhood so there might be other uses for this property. Interested buyers should investigate BEFORE submitting an offer. Submit offers subject to property inspection.

Location

State CA

County Los Angeles

Area El Monte (91732)

Others

Monthly Total Fees $46

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition NOD Filed/Foreclosure Pnd

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San Diego Regional MLS (SDMLS)
Listed by Andrew Loeffler • Re/Max Premier Prop SanMarino
Bought with BAO LIU • Pinnacle Real Estate Group
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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